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Centre likely to announce measures to curb Chinese imports in Budget 2023

The imports of finished goods entering India from China directly or indirectly via a third country will most likely be restricted

Photo: Bloomberg
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Photo: Bloomberg

BS Web Team New Delhi
In Budget 2023, the Centre is likely to announce steps to reduce import dependence on China through several tariff and non-tariff measures. The country may continue to import goods and raw materials from China, but it may curtail the entry of finished goods, a report in Mint said today. 

The imports of finished goods entering the country directly or indirectly via a third country will most likely be restricted, the report added. 

This comes amid India's efforts to push for stricter implementation of agreements with China against the backdrop of the 20-month-long standoff between the armies of two countries in Ladakh. Moreover,

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